Premier Brokers International
398 NE 5th Street 3509, Miami, FL 33132
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12110661
$1,700,000

398 NE 5th Street 3509, Miami, FL 33132

Beds
2
Baths
2
Sqft
983
Est. payment$13,502/mo
Home type
Stock Cooperative
Year built
2022
Lot size
—
Price / sqft
$1,729
HOA
$1,511/mo
Community
MAP OF MIAMI DADE CO. FL.

Property description

Unparalleled Luxury & High-Yield Potential at The Elser Hotel & Residences!Experience ultimate elevated living in this pristine 35th-floor corner residence featuring 2 Bedrooms and 2 Full Bathrooms across 983 sq ft of smartly designed space. Built in 2022, this modern turn-key condo delivers breathtaking skyline views, premium finishes, and floor-to-ceiling windows flooded with natural light.Perfectly positioned in the heart of Downtown Miami—just steps from Bayside Marketplace, Kaseya Center, and world-class dining—this unit offers unrestricted short-term rental capabilities (Airbnb/VRBO approved), making it a dream opportunity for both savvy investors looking for maximum ROI and buyers seeking a luxurious urban retreat.Building amenities include a resort-style pool deck with skyline views, 24/7 fitness center, concierge, sky lounge, and full-service hospitality management. Located in Flood Zone X. Don't miss this rare high-floor unit in one of Miami's most coveted destinations—schedule your private tour today!

Listing activity

Days on market
8
Listed
Oct 21, 2026
MLS listing updated
Oct 30, 2026
Feed last checked
12 minutes ago

Listed by Martha Valderrama · EXP Realty LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
2
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2
Half bathrooms
0

Rooms & features

Rooms
0
Interior features
Elevator, Walk-In Closet(s)
Flooring
Ceramic Tile
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
1
Garage
Yes
Covered spaces
1

Exterior

Stories
49
Building area
983 sqft
Exterior features
None
View
Ocean, Water, Skyline
Waterfront property
No
Construction

Type & style

Home type
Stock Cooperative
Year built
2022

Materials

Construction
Block
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
MAP OF MIAMI DADE CO. FL.
MLS area
2420
Security
Security System, Smoke Detector(s)
Pets allowed
Yes
55+ community
No

Association

Has association
Yes
Association fee
$1,511 monthly
Estimated monthly dues
$1,511
Amenities
Maintenance, Pool, Elevator(s), Fitness Center, Parking
Services included
Recreation Facility, Pool Service, Cable TV, Common Areas, Elevator, Internet, Security, Water
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33132
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12110661
Possession
Close Of Escrow
Original list price
$1,700,000
Parcel number
0141370782940
Annual property tax
$27,838
Tax year
2025
Tax legal description
398 NE 5TH STREET CONDO UNIT 3509 UNDIV 0.2489% INT IN COMMON ELEMENTS OFF REC 33416-1520
Special listing conditions
Real Estate Owned
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Pool, Elevator(s), Fitness Center, Parking
Association Fee Frequency
Monthly
Association Fee Includes
Recreation Facility, Pool Service, Cable TV, Common Areas, Elevator, Internet, Security, Water
Association
Yes
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Building Area Total
983
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
8
Elementary School
Frederick Douglass
High School
Booker T. Washington
List Price
1700000
Listing Contract Date
2026-10-21
Living Area
983
MLSArea Major
2420
Middle Or Junior School
Jose De Diego
Mls Status
Active
On Market Date
2026-10-21
Photos Count
9
Postal Code
33132
Property Sub Type
Stock Cooperative
Property Type
Residential
Rooms Total
0
Security Features
Security System, Smoke Detector(s)
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-10-21T04:00:00Z
Stories Total
49
Subdivision Name
MAP OF MIAMI DADE CO. FL.
Tax Annual Amount
27838
Bathrooms Full
2
Bedrooms Total
2
Waterfront
No
Bathrooms Half
0
Financial Information: Estimated Monthly Assoc Recurring Fee
1511
Financial Information: Membership Fee Required
Yes

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Oct 21, 2026ListedMIAMI REALTORS® MLS$1,700,000$1,729/sqft

Public tax history

YearProperty taxesAssessment
2025$27,838—

Payment calculator

Estimated monthly payment$13,502/moIllustrative estimate, not a loan offer.
Principal & interest
$8,821
Property taxes
$2,320
Insurance
$850
Association dues
$1,511

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MAP OF MIAMI DADE CO. FL.

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frederick DouglassElementary
—
Jose De DiegoMiddle
—
Booker T. WashingtonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

4 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of EXP Realty LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.